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PPB’s share price hits near four-month low on weak 1Q results
Diversified conglomerate PPB Group Bhd (KL:PPB) saw its share price decline to the lowest level in nearly four months on Friday, against the backdrop of weaker quarterly results due to lower contributions from Wilmar International Ltd and soft sales from Golden Screen Cinema (GSC).
PPB Books Lower Profit in Q1
PPB Group (KLSE:PPB) said its profit attributable to owners fell to 337.2 million ringgit in the first quarter, from 377.5 million ringgit a year earlier. Earnings per share dropped to 0.2370 ringgit,
PPB Group's Chemquest Unit Seeks Strike-Off in Singapore
PPB Group (KLSE:PPB) said its unit Chemquest applied to the Accounting & Corporate Regulatory Authority, Singapore to strike off, according to a Monday Malaysian bourse filing. Chemquest was incorpora
PPB Group's Earnings Seen Weighed by Its Film Unit -- Market Talk
PPB Group's earnings could be weighed by increased operating costs and reduced revenue growth at its film exhibition and distribution division after the Hollywood actors' and writers' strike in 2H of 2023 impacted movie releases and production, AmInvestment Bank analyst Gan Huey Ling says in a note.
PPB Group Sees Increase in Local Flour Consumption Amid Boycott of Western Consumer Brands
PPB Group Bhd, which owns flour miller FFM Bhd, said there was an increase in local flour consumption following the boycott of Western consumer brands amid the war in Gaza, as more people visited local eateries.
PPB Group posts 37% drop in FY2023 net profit on lower Wilmar contribution
Diversified conglomerate PPB Group Bhd recorded a steep drop in earnings for its financial year ended Dec 31, 2023 (FY2023) mainly on lower contribution from Wilmar International Ltd, which was 38% lower at RM1.3 billion against RM2.1 billion in FY2022.
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